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Leases (Tables)

6 Months Ended

Oct. 31, 2019

The components of lease expense were as follows:

	Three Months Ended October 31, 2019			Six Months Ended October 31, 2019
	(in thousands)
Finance lease cost
Amortization of ROU assets	$	473		$	943
Interest on lease liabilities		39			79
		512			1,022
Operating lease cost		14,166			28,393
Short-term lease cost		277			556
Variable lease cost		3,183			6,076
Sublease income		(53	)		(107	)
Total lease cost	$	18,085		$	35,940

Supplemental cash flow information related to leases was as follows:

	Six Months Ended October 31, 2019
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	30,351
Financing cash flows from finance leases	$	927

ROU assets obtained in exchange for lease obligations:
Operating leases	$	6,054
Finance leases	$	732

Supplemental balance sheet information related to leases was as follows:

	October 31, 2019
	(in thousands)
Finance Leases:

Property and equipment, at cost	$	4,586
Accumulated depreciation		(930	)
Property and equipment, net	$	3,656

Other accrued liabilities	$	1,597
Other liabilities		2,107
Total finance lease liabilities	$	3,704

Weighted average remaining lease terms:
Operating leases	6.0 years
Finance leases	2.7 years

Weighted average discount rate:
Operating leases		4.9	%
Finance leases		4.2	%

Maturities of lease liabilities were as follows:

Year Ending April 30,	Operating		Financing
	(in thousands)
2020 (excluding the six months ended October 31, 2019)	$	30,609	$	930
2021		55,843		1,466
2022		48,661		1,003
2023		41,648		365
2024		35,904		132
Thereafter		75,748		18
Total lease payments		288,413		3,914
Less: imputed interest		39,654		210
Total	$	248,759	$	3,704